Heads up, everyone: Dave Meyer and Henry Washington answered Alex's question during yesterday's episode of the BiggerPockets Real Estate Podcast: How to Buy Multiple Rental Properties a Year (Is It Possible?)

There’s no single right answer to every situation, but the more you educate yourself and build your network, the more confident you'll become.Lastly, don’t hesitate to ask questions here, no matter how small they seem.

Now his original property is less cash flow, and is his 2nd is likely negative $500/mo.

The original intention was to do a light cosmetic rehab and rent it out.

When I add a new tenant to the lease, the original contract terms remain in place.

This is exactly the type of answer I was hoping for.  

Your name and credit would stay with the existing note, which you would keep paying on - ideally yourself with money you receive from the "buyer", because if they don't pay your credit is wrecked and your house is in foreclosure.If you search on here you'll see everyone and their brother looking to do Subto and it's a nightmare unless the buyer has the funds to pay the note off if/when the original lender figures out you don't occupy the property any more and are attempting to do what you want to do, since most loans are going to specify that performance.  

Hey folks,Posting here because I couldn’t find a recent (past two year) answer about using Fannie Mae / FHA 203k etc loans for a house hack in DFW.

Originally posted by @Kenneth Bullock:@Mindy JensenryrfWhat does this mean? 

If the presentation was weak, that's answers your question. 4.